ASI Market Report

Market Summary, Week ending October 13, 2017


Feeder Prices ($/cwt.), San Angelo, 55-60 lbs. $188-$198; 60-70 lbs. $143-$167; 70-95 lbs. $140-$152.

Slaughter Prices – Negotiated, Wooled and shorn, 126-168 lbs. $144.53 per cwt.

Slaughter Prices – Formula, 75.40 lbs. carcass weight $308.94 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 74.09 lbs. carcass weight $302.41 per cwt.

Equity Electronic Auction, Shorn 145 lbs. $128.75.

Cutout Value/Net Carcass Value (1), $346.68 per cwt.

Carcass Price, Choice and Prime, YG 1-4, weighted average prices ($/cwt.), No prices reported.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4” Loins $605.60, Rack, roast-ready, frenched (cap-on) $1,655.79, Rack, roast-ready, frenched, special (cap-off) $2,270.25, Leg, trotter-off, partial boneless $526.11, Shoulder, square-cut $314.94, Ground lamb $565.55.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) $929.00, AUS Shoulder (fresh, square-cut) $254.52, AUS Leg (fresh, semi boneless) $421.12, AUS Rack (frozen, frenched, cap-off, 28 oz/up) $945.37, NZ Rack (frozen, frenched, cap-off, 20 oz/up) $919.92, AUS Shoulder (frozen, square-cut) $251.78.

Exported Adult Sheep, 346 head

Wool, ($/pound clean), delivered, From 8 weeks ago: Territory States (West & some CA wools): 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) 4.56, 21 micron (Grade 64-70s) 4.55, 22 micron (Grade 64s) 4.26, 23 micron (Grade 62s) 4.18, 24 micron (Grade 60-62s) 3.60, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 2.95, 27 micron (Grade 56s) NA, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) NA.

Australian Wool, ($/pound clean), delivered FOB warehouse & gross producers, 18 micron (Grade 80s) 5.82-6.60, 19 micron (Grade 80s) 5.10-5.78, 20 micron (Grade 70s) 4.57-5.17, 21 micron (Grade 64-70s) 4.33-4.91, 22 micron (Grade 64s) 4.11-4.66, 23 micron (Grade 62s) 4.03-4.57, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 3.25-3.68, 26 micron (Grade 56-58s) 2.93-3.32, 28 micron (Grade 54s) 2.14-2.42, 30 micron (Grade 50s) 1.50-1.70, 32 micron (Grade 46-48s) 1.16-1.32, Merino Clippings 3.25-3.68.

(1) The cutout value is the same as a net carcass value. It is a composite value that sums the value of the respective lamb cuts multiplied by their weights. It is also the gross carcass value less processing and packaging costs.